Defer a Payment

Fee Schedule

Need extra cash? Defer a Loan Payment!

Members must be in good standing with the credit union (i.e. all accounts positive and above minimum required balances, no draft account abuse, etc.). Applications must be submitted five business days before your next scheduled payment. Only one monthly payment can be skipped in a 12-month period.

Any loan that was more than 30 days past due in the previous 12 months will not qualify.
This program applies to consumer loans only. Lines of credit, real estate or mini-loans do not qualify.
A minimum loan balance of $500 is required.
Loans must be open for a minimum of six months to qualify for this program.
Please submit a separate request for each loan you would like to defer.

Application

* Indicates Required

Applicant Information

Member # *

Deferring Loan # *

First Name *

Last Name *

Street Address *

City *

State *

Zip Code *

Phone Number *

Email Address *

Deferring Month *

Deduct the Fee from My *

Savings Checking Sub Account: Sub Account

* By submitting this form I agree to pay a $25 (finance charge) fee for deferring a payment as directed above. Unless I pay the credit union directly by cash or check, you may deduct the fee from the above member number. The fee does not apply towards principal or interest. Interest continues to accrue during the time when payments are not made. Deferring a payment will extend the payoff period of your loan. Payroll deduction payments will be redirected into the regular shares account for the payments that are being deferred. You will be notified by mail if your application is denied.
Signature *

Clear Signature
Is there co-borrower on this loan? *
Yes No
Co-Borrower Signature *

Clear Signature